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AXIOM MINING LIMITED

ANNUAL REPORT 2015

81

COMPANY FINANCIAL REPORT

Statement of changes in equity

for the year ended 30 September 2015

Share

capital

AU$000

Foreign

currency

translation

reserve

AU$000

Share

based

Payment

reserve

AU$000

Accumulated

losses

AU$000

Total

equity

AU$000

At 1 October 2013

62,633

(933)

417

(62,086)

31

Loss for the year and total comprehensive loss

–

–

–

(14,845)

(14,845)

Total comprehensive loss for the year

–

–

–

(14,845)

(14,845)

Transactions with owners in their capacity

as owners

Issue of shares

15,093

–

–

–

15,093

Prepayment for exercise of options

176

–

–

–

176

Equity-settled share option arrangements

–

–

703

–

703

Total transactions with owners and

other transfers

15,269

–

703

–

15,972

At 1 October 2014

77,902

(933)*

1,120*

(76,931)*

1,158

Loss for the year and total comprehensive loss

–

–

–

(10,390)

(10,390)

Total comprehensive loss for the year

–

–

–

(10,390)

(10,390)

Transactions with owners in their capacity

as owners

Issue of shares

13,510

–

–

–

13,510

Prepayment for exercise of options

21

–

–

–

21

Equity-settled share option arrangements

–

–

902

–

902

Total transactions with owners and

other transfers

13,531

–

902

–

14,433

As at 30 September 2015

91,433

(933)*

2,022*

(87,321)*

5,201

* These reserve accounts comprised the total reserves of AU$86,232 (2014: AU$76,744) in the statement of nancial position.